Wednesday, November 18, 2015
Harvest Partners, LP, a New York-based private equity firm, announced today it has completed the sale of AxelaCare Health Solutions to OptumRx, the pharmacy care services business of Optum. Terms of the transaction were not disclosed. Harvest initially invested in the company in April 2013.
AxelaCare is a leading national provider of specialty home infusion services based in Lenexa, Kansas. The company currently treats patients in 44 states and Washington, D.C. through its network of owned and contracted RNs. The company offers chronic drug therapies for conditions such as autoimmune disease and hemophilia as well as acute infusion therapies, such as antibiotics and total parenteral nutrition, through its network of 34 pharmacies.
AxelaCare CEO Ted Kramm and President Kathee Kramm said, “Harvest has been an exceptionally supportive partner, delivering valuable financial and operational guidance that leave us well positioned as we move into our next phase of growth.”
finance.yahoo.com
